HartfordGuy1

When you borrow 60 million dollars from USA Capital and and up to now, you don't pay it back, it's easy.

Has anyone taken a close look at Macfarlane and Homes For America's Holdings? Except for a succesful project in Florida, over 5 years ago, EVERY residential or commercial project they have done from Florida to Texas to New York to Connecticut has failed miserably - and that was in unbelievably good market conditions! They could only get financing under horrible terms from a lender (USA Capital -think Colonial Realty) that is now in bankruptcy and whose relationship with HFAH is under investigation by the FBI. In Connecticut, they recently walked away from the Windham Mills project, leaving it deeper in debt and with some questionable transactions. Meanwhile the Courant looks the other way, as they have been Macfarlane's biggest cheerleader and don't want to look bad and the Governor, CT & Hartford politicians are about to give these guys close to $10 million of taxpayer dollars! They are considering moving State Offices into the facility at worse terms and significant expense to shore up the project. Take a look at what the history of doing that in Hartford has cost CT Taxpayers. Welcome to Connecticut and Hartford Standard Operating Procedure!